Magnite director plans sale of 10,363 shares
Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) director Robert Spillane has filed a Rule 144 notice for a potential sale of common stock. The notice covers 10,363 shares of Magnite common stock to be sold through Morgan Stanley Smith Barney LLC following a stock option exercise for cash, with an indicated aggregate market value of $246,241.46. The shares are listed on NASDAQ and the intended sale date stated is September 14, 2026.
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Key Figures
Shares covered by Rule 144 notice: 10,363 shares
Aggregate market value: $246,241.46
Intended sale date: September 14, 2026
3 metrics
Shares covered by Rule 144 notice
10,363 shares
Common stock to be sold following stock option exercise
Aggregate market value
$246,241.46
Indicated value for the 10,363 shares of Magnite common stock
Intended sale date
September 14, 2026
Date listed for sale of shares under Rule 144
Key Terms
Rule 144, Stock Option Exercise, aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Option Exercise financial
"Common | 09/14/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 10363 | 246241.46"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for MAGNITE, INC. (MGNI)?
The filing discloses that director Robert Spillane has filed a Rule 144 notice covering a potential sale of 10,363 shares of Magnite common stock following a cash stock option exercise, with an indicated aggregate market value of $246,241.46.
AI-generated analysis. How Rhea-AI works. Not financial advice.